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Tag: US Economy

Trump Directs Treasury to Halt Penny Production A Costly Coin Final Days

Trump Directs Treasury to Halt Penny Production: A Costly Coin’s Final Days?

February 10, 2025 Richards Informative, Finance News, News, Political News, US News

President Trump halts penny production, citing $85M annual losses. The U.S. Mint spends 2.7 cents to make each penny, deeming it unsustainable. Critics lament cultural loss; supporters applaud fiscal prudence. A cashless future looms as America debates tradition vs. efficiency.

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